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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt as of December 31, 2013 and 2012 is summarized as follows (in millions):

 

     2013      2012  

Notes, net of discount of $0 million and $3.0 million

   $ —         $ 320.9   

Term Loan

   $ 364.1       $ 20.0   
  

 

 

    

 

 

 
     364.1         340.9   

Less current maturities

     3.8         0.2   
  

 

 

    

 

 

 
   $ 360.3       $ 340.7   
  

 

 

    

 

 

 
Scheduled Maturities of Long-Term Debt

The scheduled maturities of long-term debt as of December 31, 2013 are as follows (in millions):

 

Year

   Amount  

2014

   $ 3.8   

2015

     3.8   

2016

     3.8   

2017

     3.8   

2018

     3.8   

Thereafter

     345.1   
  

 

 

 
   $ 364.1   
  

 

 

 
Margin for Revolving Loans

(ii) thereafter, the Applicable Margin for the Revolving Loans shall equal the applicable LIBOR margin or Base Rate margin in effect from time to time determined as set forth below based upon the applicable First Lien Net Leverage Ratio then in effect pursuant to the appropriate column under the table below:

 

First Lien Net Leverage Ratio

   LIBOR Margin     Base Rate Margin  

³ 4.50 to 1.00

     2.50 %     1.50 %

< 4.50 to 1.00

     2.25 %     1.25 %